Gerrison Managerial Accounting 15e: A 202 -Spring 2016-31846 -MW 9-1050 Chapter

Question

Gerrison Managerial Accounting 15e: A 202 -Spring 2016-31846 -MW 9-1050 Chapter 12 Homework GRADED 1.70 polnts Bll has Nst returned from·duck hunting trip He has brought home eight ducks ers friend Jen dsapproves of duck hunting, and to dscourage Bil from further hunting John has presented him with the following cost estimate per duck Camper and equipment 160 Cost, $1,600, usable for eight seasons 10 hunting trips per season Travel expense (pickup truck) 100 miles at $0.48 per mile (gas, oil, and tires-$0.28 per mile, deprediation and insurance -$0.20 per mile) Shotgun shelis (two boxes) Boat 48 25 30 Cost, $2.400, usable for eight seasons, 10 hunting trips per season Hunting license Cost, $50 for the season, 10 huntng trips per seasor Money lost playing poker 26 20 $268 $ 33 Loss, $26 (Bil plays poker every weekend Botte of whiskey Cost, $20 (used to ward off the cold) Total cost Cost per duck ($266 + 8 dos) Required: 1. Assuming that the duck hunting trip Bill has just completed is typical, what costs are relevant to a this season? decision as to whether Bill should go duck hunting again this Total Suppose that Bill gets lucky on his next hunting trip and shoots 10 ducks in the amount of ime it took him to shoot 8 ducks on his last trip. How much would it have cost him to shoot the last two ducks? 2. Cost of last two ducks nn 1ie Rncheck 2014-12-31, 04 28 2015 QC cS-14781

Explanation / Answer

relevant cost of ducks = travel expenses + shot gun shells + hunting license + money lost+bottle of whisky +

= 48 + 25 + 5 + 26 + 20

= 124

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